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...The chief executive of British American Tobacco has endorsed the UK’s plans for a vaping tax, claiming the cigarette maker has learned to “love regulation”....
...British American Tobacco said on Thursday that it was working on divesting some of its nearly 30 per cent stake in India’s largest tobacco company ITC, potentially paving the way for it to resume share buybacks...
...The chief executive of British American Tobacco has dismissed the idea of moving the company’s listing from London to New York as a “distraction”, after it emerged that the top-10 shareholder who pushed...
...While an unlikely coalition of tobacco control advocates and cigarette makers such as British American Tobacco both embraced a tax targeted at vapes — which has already been introduced in several EU countries...
...British American Tobacco shares have fallen by a quarter over the past year as it grapples with the uncertain long-term future of its traditional cigarette business and investors push for the return of share...
...To be fair, the UK’s new policy will not directly hit traditional tobacco manufacturers such as British American Tobacco and Imperial Brands....
...British American Tobacco likes to call its primary source of cash combustibles, not cigarettes. On Wednesday, it reminded the market why....
...Thames Water: for honesty, disclosure is the best policy British American Tobacco is a run-off business to the extent that it continues to shrink....
...British American Tobacco is to write down the value of some of its US cigarette brands by £25bn because of economic headwinds damaging sales in its biggest market....
...Big share price moves in Europe this morning include Dutch payments company Adyen, UK-based cigarette maker British American Tobacco, and Danish shipping group AP Møller-Maersk....
...In 2003, half of all title sponsors were from tobacco companies such as Philip Morris and British American Tobacco....
...The US federal drug regulator has told British American Tobacco’s US subsidiary to halt sales of its menthol-flavoured Vuse Alto vape, the most popular e-cigarette in the US, following a jump in popularity...
...The new chief executive of British American Tobacco says he wants governments to subject vaping and other tobacco alternatives to “better regulations”, as global controversy over the products threatens a...
...Companies: Updates are expected from Anglo-Swedish drug giant AstraZeneca, British American Tobacco, French lender Crédit Agricole, France’s L’Oréal, advertising company Publicis, Germany’s Siemens and Watches...
...Imperial Brands: Shares advanced 2.8 per cent after the tobacco company embarked on the second half of a £1.1bn share buyback....
...American Tobacco to sell down stake in India’s ITC (FT) Gucci owner Kering fails to reverse sales slide (FT) Saudi Arabia lines up Goldman, Citi for Aramco Share Sale (Bloomberg)...
...British American Tobacco is facing an even bigger writedown in the value of some of its US cigarette brands than anticipated, announcing on Thursday that the impairment charge will total £27.3bn....
...I’m not seeing it in tobacco: The difference in returns here is amazing, and there is a leverage difference, too. Give me Altria over British American Tobacco all day....
...A major boardroom reshuffle at British American Tobacco will create a new chief operating officer role and result in six executive job moves, as the cigarette maker’s new chief attempts to move faster towards...
...British American Tobacco’s new chief executive has unveiled a major board reshuffle, which will create a new chief operating officer role....
...HOLD: British Land (BLND) The initial reaction to the commercial landlord’s results was positive, but the full picture is less rosy, writes Mitchell Labiak. Investors like steady companies....
...British American Tobacco, the world’s biggest cigarette maker by revenues, has formally agreed to sell its Russian business, a year and half after first vowing to exit the country in the aftermath of Vladimir...
...Super-powered dinghies carrying contraband tobacco are crashing through hopes of better relations between Spain and the UK over the British territory of Gibraltar....
...British American Tobacco has booked a £25bn impairment charge for 2023 on some of its US cigarette brands, blaming “current macro-economic headwinds impacting the US combustibles industry”, the company said...
...Joe Lewis, the British billionaire whose family owns Tottenham Hotspur football club, will avoid being sent to prison for insider trading, after a federal judge in Manhattan agreed on Thursday to sentence...
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